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Commentary & Deal Flow

PRICED: Dometic E300m 5NCL sr notes 5.00% at 100

HYC European Market: Deal Flow - General

Dometic Group AB (publ) (DOMSS) EUR300m WNG Reg S bearer NGN sr notes due 09/11/30 (5y). NCL (MWC B+45, 3mo par call, 80% clean-up call). Ba3/BB- (stable/stable). Via  BNP (B&D)/Danske/DNBC/Nordea/SEB jt active books. Off the EMTN programme. List Dublin. English law. Annual pay (Act/Act, ICMA). Denoms: 100kx1k. Settles 09/11 (T+5). ISIN: XS3176804576. IPT: 5.50% area. Final price talk: 5.00%-5.125% WPIR. Final terms: EUR300m at 5.00%.


Priced: 5.00% at 100. +273.6bp vs OBL 2.20% 10/10/30.


Did roadshow (a series of fixed income investor calls) starting 09/02 (Danske Bank coordinated logistics). Reconfirms were due by 1:45pm 09/04. UOP: refinancing of existing indebtedness including the concurrent capped Tender Offer for EUR100m of its EUR300m 3.00% notes due May 2026 (ISIN: XS1991114858) (purchase price 100.300). Biz: provider of branded solutions for mobile living. HQ: Stockholm, Sweden.

Deal roadshow link: ttps://urldefense.com/v3/__https:/dealroadshow.com/e/DOMETIC25__;!!L0Ua0Wts!d_-rodA6XpqJ7QJuOmFvIIoArp2SPIruQJVOodLhgBO29MiF4aBTvWNc-YvCpYkPyVS3rpmyACySZEIh9kEQxiHCM5bdH1xKRn7l$. Entry code: DOMETIC25.